Length of Penalty
- The sanction period will be the number of months computed by dividing the uncompensated, equity value of the transferred assets by the nursing home private-pay rate in effect at the time of the transfer. The client will be ineligible for the number of months computed. There is no maximum penalty period.
- Penalty Period equals the full months and any partial months calculated as follows:
- Total the uncompensated amount of all transfers
- Divide by the average private pay rate
- Round down to 2 decimal places
- To determine the number of days for the fractional amount transferred, multiply the decimal amount by 30. Drop any partial day.